George Soros May Face a Monster Tax Bill

Not for poor mr Soros though.
So, the tax man cometh for Georgy Boy.
to the tune of 7 or so Billion dollars.

George Soros likes to say the rich should pay more taxes. A substantial part of his wealth, though, comes from delaying them. While building a
record as one of the world’s greatest investors, the 84-year-old billionaire used a loophole that allowed him to defer taxes on fees paid by clients
and reinvest them in his fund, where they continued to grow tax-free. At the end of 2013, Soros—through Soros Fund Management—had amassed $13.3
billion through the use of deferrals, according to Irish regulatory filings by Soros.
Congress closed the loophole in 2008 and ordered hedge fund managers who used it to pay the accumulated taxes by 2017. A New York-based money manager
such as Soros would be subject to a federal rate of 39.6 percent, combined state and city levies totaling 12 percent, and an additional 3.8 percent
tax on investment income to pay for Obamacare, according to Andrew Needham, a tax partner at Cravath, Swaine & Moore. Applying those rates to
Soros’s deferred income would create a tax bill of $6.7 billion. That calculation is based on publicly available information such as the Irish
regulatory filings, which provide only a partial glimpse into Soros’s finances. The actual tax bill would be affected by factors specific to the
billionaire. Soros declined to comment, according to Michael Vachon, a spokesman, as did Anthony Burke, an IRS spokesman.

With what Lamont allowed or was fooled into doing which allowed soros to take a huge sum of money from my country I hope the bast..d chokes to death
with this news. I will dance on his grave and be merry. Can't actually believe what goes round comes round with hits like him.

I'm sure his well-paid accountants have all of the beans in all of the right places by now if the loophole was closed that long ago.
Apple has Hundreds of Billions in CASH just sitting around tax-free around the world, a slimy hedge fund manager has no doubt figured out how to screw
the system long before the closure of loopholes and probably has more squirreled away than anyone knows.

Tell me,, what does the IRS do when average Joe does not cough-up? Oh that's right, repossess your house and/or destroy your life for as little as
0.001% of that amount...

Now, I'm no Nostradamus by any means, but I bet he simply pays a team of forked-tongue lying lawyers, Ohh, I dunno - say 20% of that 7 Billion to
simply take this to court and keep it there........until the cows come home.

High profile and/or rich assholes and tax dodging seems to be pretty standard in the land of "capitalism" based lobbynomics.

Tell me,, what does the IRS do when average Joe does not cough-up? Oh that's right, repossess your house and/or destroy your life for as little as
0.001% of that amount...

Now, I'm no Nostradamus by any means, but I bet he simply pays a team of forked-tongue lying lawyers, Ohh, I dunno - say 20% of that 7 Billion to
simply take this to court and keep it there........until the cows come home.

High profile rich assholes and tax dodging seems to be pretty standard in the land of "capitalism" based lobbynomics.

Whatever it is, its well time we all looked at the law makers to establish if there is any connection between them and the money men, simply because
the law makers put laws into place that these men are able to take advantage of yet ordinary citizens cannot escape. This goes on on both sides of
the pond and its time this was thoroughly investigated to see why its happening, what the connection is and who is responsible. Surely laws can be
made that are fair to all, not loopholed for some.

Soros and men like him are proof of this corruption. Its time they and their littles allies that have got themselves into legal positions to help
their ilk were brought to book and made to pay, because they are ripping us all off - regardless of where funds these men wish to channel go. I see
this as a deeper issue for all of us to demand change on.

Soros is the epitome of the "Limousine Liberal Progressive Socialist" hypocrite who wants "redistribution of wealth" for the ordinary middles
classes (us), but not for his assets (carefully sheltered off-shore).

This is a creep who has nearly doubled his wealth since Obama took office. He made his billions by manipulating currencies -- without any concern
about the effects on people & nations.

Tell me,, what does the IRS do when average Joe does not cough-up? Oh that's right, repossess your house and/or destroy your life for as little as
0.001% of that amount...

Now, I'm no Nostradamus by any means, but I bet he simply pays a team of forked-tongue lying lawyers, Ohh, I dunno - say 20% of that 7 Billion to
simply take this to court and keep it there........until the cows come home.

High profile and/or rich assholes and tax dodging seems to be pretty standard in the land of "capitalism" based lobbynomics.
Sharpton & Hitlerry

Tell me,, what does the IRS do when average Joe does not cough-up? Oh that's right, repossess your house and/or destroy your life for as little as
0.001% of that amount...

Now, I'm no Nostradamus by any means, but I bet he simply pays a team of forked-tongue lying lawyers, Ohh, I dunno - say 20% of that 7 Billion to
simply take this to court and keep it there........until the cows come home.

High profile and/or rich assholes and tax dodging seems to be pretty standard in the land of "capitalism" based lobbynomics.
Sharpton & Hitlerry

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